Italo mainlines green loans

By Mike Turner
13 Nov 2019

Italo, the Italian high speed rail operator, has signed a €1.1bn green loan, in what tit says is the biggest ever product of that stripe in its home market and the largest ever in the transportation sector globally.

The loan will be used to refinance €900m of existing green investments from the company and invest in modernising its fleet. 

“We have completed the world's largest green loan in the transportation sector,” said Gianbattista La Rocca, chief executive officer of Italo, in a statement. La Rocca also noted ...

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